The 35-story tower replacing the SW 10th and Alder food cart pod will soon house a luxury hotel.

The Portland Business Journalreported this morning that the project's developer has landed luxury hotel chain to occupy the upper floors of its planned 35-floor tower in the heart of downtown. The hotel—which will likely be the first five-star hotel in Portland—will have 251 rooms and a pool on the 19th floor, PBJ reported. The building will also house condos, office space, and a food hall on the ground floor.

The new $600 million tower—which will soon replace the iconic food cart pod at 10th and Alder—is being developed by BPM Real Estate Group and designed by GBD Architects. According to Marriott International's press release, the tower will also have "an indoor/outdoor restaurant and bar on the 20th floor with panoramic views of Portland and the Cascade Mountain Range."

Read the full press release here:

The hotel and residences would rise within BPM’s planned mixed-use tower, which would also feature high-end office space, retail space and a ground-level food hall. The site is a few blocks from Pioneer Courthouse Square, the most-visited tourist destination in Oregon, and the shopping destination Pioneer Place. It’s also within walking distance to Portland’s central business district and the Pearl District, the former warehouse district now known for its chic restaurants and bars, galleries and boutiques.

“We are excited to work with Marriott International to deliver an unprecedented level of service and accommodations to Portland’s residents and visitors,” said Walter C. Bowen, CEO and Founder of BPM Real Estate Group. “Working hand in hand with The Ritz-Carlton team, we aim to create the best address to live and stay not only in Portland, but the Pacific Northwest.”

A new era of luxury for Portland

Once open, The Ritz-Carlton, Portland will feature exclusive entrances for hotel guests and residence owners, along with high-end amenities including a fitness center, full-service spa and swimming pool on the 19th floor. “Plans for the mixed-use tower call for multiple food and beverage venues – including a food hall on the ground floor and an indoor/outdoor restaurant and bar on the 20th floor with panoramic views of Portland and the Cascade Mountain Range. The tower is also slated to have more than 13,000 square feet of meeting space for business events and special celebrations.

The Ritz-Carlton Residences are expected to provide luxury living at a level not yet seen in Portland, complete with sophisticated style, luxurious finishes and legendary Ritz-Carlton service, including room service and housekeeping. Owners will have dedicated amenities such as an 8th floor owner’s lounge and fitness facility, along with stunning wrap-around views of Portland’s magnificent downtown skyline on one side and the Cascade Mountain Range and Willamette River on the other.